Question


Prepare the following financial statements for Picture Perfect Photography for the year ended December 31, 2018:

 a. Income statement.

 b. Statement of retained earnings.

 c. Balance sheet.


Data Table tera 13,000 14,000 Insurance Expense Cash Accounts Payable Advertising Expense Service Revenue Dividends 6,000 42,


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Prepare the following financial statements for Picture Perfect Photography for the year ended December 31, 2018:
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